The typical owner-occupied home in Coldiron is worth about $90,500, 56% below the Kentucky median of $205,600 and 73% below the national median of $332,700. The median household earns $58,690 a year, so the median home costs 1.5 times the median income (3.2 times for Kentucky). 100% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.
Coldiron at a glance
| Coldiron | Kentucky | U.S. | |
|---|---|---|---|
| Median home value | $90,500 | $205,600 | $332,700 |
| Median property tax paid per year | – | $1,544 | $3,119 |
| Median household income | $58,690 | $63,726 | $80,734 |
| Homes lived in by their owners | 100% | 68% | 65% |
| Owner homes with a mortgage | 70% | 56% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,433 | $1,963 |
| Median rent | – | $967 | $1,413 |
| Median year homes were built | 1997 | 1982 | 1980 |
| Vacant homes | 0.0% | 10.3% | 10.1% |
| Population | 193 | 4,534,824 | 334,922,499 |
What a typical home costs per month in Coldiron
At this week's average 30-year rate of 7.11%, buying the median Coldiron home of $90,500 with 20% down costs about $608 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $758, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $26,045 for the 20%-down payment. That payment is 12% of the median Coldiron household income of $58,690; at that income and 20% down, the 28% guideline points to a home of about $204,000.
| Down payment | $18,100 |
|---|---|
| Loan amount | $72,400 |
| Principal and interest | $487 |
| Property taxes (1.10% a year) | $83 |
| Homeowners insurance (our estimate, 0.5% a year) | $38 |
| PMI | $0 |
| Total per month | $608 |
Change the numbers in the calculator
| Down payment | $3,168 |
|---|---|
| Loan amount | $88,861 |
| Principal and interest | $598 |
| Property taxes (1.10% a year) | $83 |
| Homeowners insurance (our estimate, 0.5% a year) | $38 |
| FHA mortgage insurance | $40 |
| Total per month | $758 |
Change the numbers in the calculator
Questions about home buying in Coldiron
What is the median home value in Coldiron?
About $90,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Coldiron?
For the median home with 20% down at 7.11%, the payment is about $608 a month. Keeping that under 28% of gross income takes about $26,045 a year.
More about Coldiron
- Mortgage Refinance in Coldiron
- Debt Relief in Coldiron
- Home Equity Loans in Coldiron
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data